Eurozone CPI at 6.1% matching the consensus, EUR/USD in trading range
MarketsFN Team
•1 min read
Eurostat just released inflation figures in EU and Eurozone.
The euro area annual inflation rate was 6.1% in May 2023, down from 7.0% in April. A year earlier, the rate was 8.1%. European Union annual inflation was 7.1% in May 2023, down from 8.1% in April.
EUR/USD trading in a 30 pips range today at 1.0949 following yesterday rally of 120 pips. USD/JPY found resistence against yesterday high and trading at 140.96. Euro Stoxx 50 up 0.54% to 4,388.45.
